Multiple Choice
The main source of profit for financial institutions is
A) their ownership of stocks in commercial corporations.
B) their ownership of real assets received in foreclosures on loans to households.
C) the fees charged for holding and servicing checking accounts.
D) the difference between interest paid on deposits and interest received on loans.
E) the difference between the cost of creating new money and the interest paid on loans.
Correct Answer:

Verified
Correct Answer:
Verified
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